Yellow River whirlwind: Controlling shareholder proposes to increase company's shareholding by 100 million to 200 million yuan.

date
13/05/2025
Yellow River Tornado announced on the evening of May 13th that the company's controlling shareholder, Xuchang Chantou, plans to increase its shareholding in the company by using its own funds and additional special loan funds, through centralized bidding, with the amount of the increase not less than 100 million yuan and not more than 200 million yuan. There is no price range set for the increase plan, and the company will choose the timing to increase its shares based on the fluctuation of the stock price. Ping An Bank Co., Ltd. Zhengzhou Branch has issued a loan commitment letter to Xuchang Chantou, agreeing to provide a loan amount of up to 140 million yuan for a period of 3 years.